Incumbents Aviva, AIA fight rivals for joint Mindef, MHA tender (Amended)
The two insurers, along with Great Eastern, are said to have put in bids to provide group-employee benefits
Singapore
THE pressure is on for incumbent insurers Aviva and AIA to battle, not only new contenders, but also each other for the multi-million-dollar group-employee benefits contract involving the Singapore Armed Forces (SAF) and the Ministry of Home Affairs (MHA).
Aviva has been the insurer for the SAF for a long time, and AIA is the insurer for MHA under the existing deal, but the stakes could be higher this time round if one winning bidder secures both accounts.
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